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Bol International's dedicated US-Netherlands desk delivers the solutions you need.
Working across borders requires a broad, global perspective and experienced professionals who can offer expertise in both local and international legislation. It also means having expert guidance that you can call upon when you need it.
At Bol international, we have a full-time, dedicated US-Netherlands desk in place for our US clients. This desk provides invaluable cross-border support and advice to American-owned businesses of all sizes and across a diverse range of industries and sectors.
With a deep understanding of the Dutch and US business landscape – and the differences between the two – our US-Netherlands team can help ensure your operations in the Netherlands function as smoothly and efficiently as possible. Let us be your guide.
A full-service package delivered by an expert team
We offer a complete package of services to our American clients, as well as their advisors. Our specialists each possess expertise in a specific field and are able to assist clients with a wide number of matters, including:
- VAT filing requirements and act as your VAT representative
- Expatriate services (e.g. tax and social security planning)
- Setting up legal and tax-efficient structures (corporate income tax)
- Accounting
- Audit & Assurance services
- Corporate structuring
- Full Service Compliance
- HR and payroll services
- US GAAP Translation Service
Whether you require advice on a standalone issue or comprehensive support across different operating areas, we can provide you with a tailor-made solution to suit your needs.
US GAAP Translation Service
Although international standards are becoming more consistent to meet increasing demand for transparency in financial reporting, US and Dutch GAAP, along with International Financial Reporting Standards (IFRS), still differ significantly for many items. This means that failure to properly translate financials can lead to serious complications. If, for example, a Dutch BV is owned by an American company, discrepancies can lead to long-term inconsistency. Or if a Dutch company has American shareholders, similar confusion can arise.
Without the necessary expertise, any attempt to translate from one set of standards to another comes with a high level of risk, while a significant amount of time and research is needed to properly compare both sets of standards. And because amendments to these standards are made on an annual basis, it is impossible to rely on an understanding of existing differences without frequent revision.
Our GAAP translation services are Bol International’s newest offering out of our US Desk. We tailor our services to each individual client’s needs by looking for specific areas of practice that might be sensitive to GAAP conversion.
Our networks, your success
As a member of the Leading Edge Alliance (LEA) and the International Fiscal Association (IFA), we have access to important global networks, which we can deploy in your benefit.
These relationships allow us to connect with law firms, accounting and tax consulting firms across the United States. We can work together with your tax advisor and/or accountant to find the best possible solution for your business. We also have access to the most extensive tax library in the world, the International Bureau of Fiscal Documentation (IBFD), providing a wealth of information that we can pass on to our clients.
Access to the right people
Our US-Netherlands desk is staffed by experienced professionals who speak fluent English and have developed deep experience. Your point of contact at the US-Netherlands desk at Bol International is Derek, a US native and licensed CPA. Together, he and his team possess a deep understanding of working with US-owned businesses over many years. A high level of partner involvement means that you’ll be engaging with high-quality professionals who can provide advice that truly makes a difference.
Our offices in the Netherlands are easy to reach. Our Amsterdam office is close to Schiphol International Airport while our other offices are an hour’s drive away. The US-Netherlands team also make regular visits to the United States throughout the year, visiting our clients in person wherever possible.
Contact us for more information!
Connect with a member of our team today to find out exactly how we can help you.